The obligation of any supplier is applied to and made an obligation of any successor in interest or assignee of the supplier. A successor in interest includes, but is not limited to, any purchaser of the assets or stock, any surviving entity resulting from merger or liquidation, any receiver or any trustee of the original supplier.
Ala. Code § 8-21A-9
Supplier’s Obligations Applied to Successor in Interest or Assignee.
Known as the The Tractor, Law
The act spans §§ 8-21A-1 to 8-21A-9 (13 sections).
(Acts 1991, No. 91-721, p. 1401, §9.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.